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2501  Economy / Service Discussion / Re: [In Talks] Klondike Mining Collective - Toronto, Ontario Mining Facility on: January 18, 2014, 10:17:41 AM
Quote
28nm equipment, 6-12 months is expected.

Why so long?
2502  Bitcoin / Hardware / Re: Official BITMINE CoinCraft series 28nm ASIC miners thread on: January 18, 2014, 10:14:47 AM
when I read this old article full of crap about:

- Bitmine was formerly Exion networks, though both companies still exist, and both controlled by MR. Massarotto
- a huge but invisible investment holding with thousands of employees, though no web site, registered in BVI but operating in Hong Kong holding 50% of Bitmine Inc.
- Bitmine building a huge mining datacenter in Asia for 14mUSD
- Bitmine ordered a couple of super computers for extra 12 mUSD each

http://www.coindesk.com/bitmine-to-drop-4phs-of-asic-power-onto-bitcoin-network-before-april/

I start wondering, if the type of people with this kind of imagination displayed in the press release are the same type of people,
that will actually deliver a real product.

What are your thoughts on this?

Chips are real.

Prototype miners exist and are real.

Will they deliver the chips and the miners? Who knows. That is a risk some people are taking.
2503  Bitcoin / Hardware / Re: -- Butterfly Labs New 600GH "Mining Card" - RED FLAGS?!?! on: January 18, 2014, 08:16:18 AM
How many Monarchs have you purchased Erk?
I think you said 0 right?
I wonder why and I think you said it was because it will never ROI. Correct?

---

Note: I have Erk on ignore as well for his apologetics for BFL and their products based on ignoring the volume evidence supported in the BFL and Bitcointalk forums that they have a terrible record on shipping ON TIME.
2504  Bitcoin / Hardware / Re: -- Butterfly Labs New 600GH "Mining Card" - RED FLAGS?!?! on: January 18, 2014, 08:11:48 AM
We have a thread. https://bitcointalk.org/index.php?topic=325181.0

I have an email.

darin.bicknell@gmail.com


----

Topic here RED FLAG on Monarch.

It just goes without saying at this point for anyone following BFL in their own forums and this forum that they at this point have no product and they missed their first estimate of shipping in October by 3 months and given they have admitted they won't make bulk shipments until March that is minimally a 5 month delay from their first estimate. 5 months later than first estimate if you had paid on or before August 25th.
2505  Bitcoin / Hardware / Re: -- Butterfly Labs New 600GH "Mining Card" - RED FLAGS?!?! on: January 18, 2014, 07:53:45 AM
Oh so it is an attack on our product development.

Let me clarify.

1. We took 0 BTC / USD from the community.
2. We set a development timeline and are admittedly a few weeks late but our members are ok with that as we want to get it right and when I invited you Inaba and Fractal and others to our design meeting you turn me down I wonder why?
3. We pay for all the development in house we don't collect coins or dollars to get our product prototypes completed.

Unlike BFL the Wasp Project Collective is not setting timelines to scam anyone, to hype product pre-sales as we are not selling finished modular miners directly to anyone. We have an open source hardware project that will be released when it is ready not before as we all agree 52 members strong we do not want to be like BFL or others taking money for an incomplete design.

Hope that helps.

-------

I suppose he didn't address any of the points with regards to BFL being late, under spec and obviously a bad choice to buy from given their RMA response time and the fact that 13 months late is not a problem for them. I have little doubt our Wasp prototypes will be working well before the Monarch and we started designing our PCB after them and have no where near the same budget. Let us compare where we are now. We already have packaged ASIC chips in hand both 55nm and 28nm, a completed PCB design and people who have the requisite skills set to achieve a positive result. BFL? No packaged chips, No PCB design except a dummy board with no traces on it, a "team" that has failed to deliver every product they have ever made on time, and to spec. If I were looking at what we have vs BFL and their Monarch then it has to be no contest we are well ahead of them at this point. The biggest difference is you can't pre-order our products and that means no one is going to lose a single satoshi if we fail unlike BFL customers who have already lost any chances of a ROI on the Monarch. Numbers don't lie but Inaba has and continues to do so.
2506  Bitcoin / Hardware / Re: Who here already pre-ordered the Monarch 28 nm Bitcoin mining card ??? on: January 18, 2014, 07:18:33 AM
Attacking the person yet again?

No doubt he is.
2507  Bitcoin / Hardware / Re: -- Butterfly Labs New 600GH "Mining Card" - RED FLAGS?!?! on: January 18, 2014, 07:13:58 AM
My guess.

Quote
An ad hominem (Latin for "to the man" or "to the person"[1]), short for argumentum ad hominem, is a general category of fallacies in which a claim or argument is rejected on the basis of some irrelevant fact about the author of or the person presenting the claim or argument.

http://en.wikipedia.org/wiki/Ad_hominem

Was I right? As you know I have him on ignore.
2508  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 18, 2014, 07:06:10 AM
And the thread devolves into a grammar discussion  s   .


http://www.youtube.com/watch?v=XbI-fDzUJXI

Time for some Monty Python.

2509  Bitcoin / Hardware / Re: Klondike - 16 chip ASIC Open Source Board - Preliminary on: January 18, 2014, 06:48:40 AM
My take.

All this speculation is deserved in another thread on that specific topic.

------

Zipiju and others have gracefully taken up the work BKKCoins left and that is what the topic should be about now.

Can we agree about that?

Why, because you want this to be your thread now? IMO the fate of the Original Poster BkkCoins is still on topic in this thread. HIS thread.

Besides, THIS is the thread people will know to come back to if they want to check the status of possible refunds. Why? Because they ordered products based on the discussion in THIS thread.  Not some other new one buried out there in the forums.

I do agree that repeated bashing of BkkCoins is not warranted, and is just boring.

I think the thread is Zipiju's actually seeing as he has taken the lead. Seems like he just wants to pass along information to everyone and that seems like the right thing to do. Your call do what you like the thread to be I have already said my piece regarding smearing the reputation of someone without evidence and the reasoning behind it. Let us hope we see people get their "Klondikes" running and mining and as I said before  that I hope BKKCoins can do whatever he can to pay people back. If anyone starts a new thread to throw some coins together to help offset his burden and pay others back then let me know. I will leave those interested in what Zipiju is doing to do just that and stop posting further. Good luck.
2510  Bitcoin / Hardware / Re: Who here already pre-ordered the Monarch 28 nm Bitcoin mining card ??? on: January 18, 2014, 06:37:49 AM
They are using some off the shelf design / components and slapping untested chips on it. No doubt they have some sort of deal with a PCB fab that used to do older GPU's etc and have everything all 'lined up'. Cutting corners at every step of the design phase gets you a wonderfully ugly miner that is so retro that that it comes out of the box looking like Steam Punk or something that was made for Battle Star Gallatica

http://www.youtube.com/watch?v=yptoaCKZ0Tw
2511  Bitcoin / Hardware / Re: Who here already pre-ordered the Monarch 28 nm Bitcoin mining card ??? on: January 18, 2014, 06:03:54 AM
What is the cheapest components we can get in bulk?

That is how they design.

PSU? Flame out.
Fan? Burn out.
FPGA chips bargain basement end of line chips.
Bulk casing.
Cheap and thick heatsink pads that add 10C to every unit.

etc etc etc.


At some point you really have to look at what they do not so much as design but as firefighting every other mistake they make when coming up with a new mining platform. What happens when Asicminer drops a 20nm chip into the same system of blades in that existing cooling platform? BOOM just when you are about to receive your wonderful GPU 600GH/s piece of crap one blade on this back plane board below will be pulling in 1 or 2 Th/s. Game over anyway you want to slice it.

http://hongwrong.com/hong-kong-bitcoin/

Quote
The company behind the operation is Asicminer, who own multiple mining facilities. Cao said the facility was ‘quieter than a library’

Density. Have a look at the direction that Asicminer went see it here: https://bitcointalk.org/index.php?topic=346134.0


This.


Versus




a GPU with all this tubing etc. Clearly they don't get it and they don't understand where the next thing in mining is. They have chosen wrong. Very wrong. Also they don't include the psu's and the mobo you are going to need to do these in any sort of density. $$$ tis gonna cost you a lot more time as well setting these up and tweaking. Too much time.

https://bitcointalk.org/index.php?topic=99497.msg3516757#msg3516757

Quote
The key factors to make industrial mining profitable is access to low prized energy, minimized energy bills, small space requirements, rapid deployment, low infrastructure overhead on the facility level, organized and simplified logistics, a design that can be re-used for several generations, and good experienced people with an appetite for new and untested terrain. As a result, the mining lifespan of each generation will be greatly improved and mining income maximized.
2512  Bitcoin / Hardware / Re: Klondike - 16 chip ASIC Open Source Board - Preliminary on: January 18, 2014, 05:44:50 AM
My take.

All this speculation is deserved in another thread on that specific topic.

------

Zipiju and others have gracefully taken up the work BKKCoins left and that is what the topic should be about now.

Can we agree about that?
2513  Bitcoin / Hardware / Re: Here's a LOOOOOOOOOOOOOOOOOOK at your Monarch! on: January 18, 2014, 05:41:41 AM

Buy from BFL, you a stupid mutha-fucka
  Known around da hood as da schoolyard clucka
...



Where can I buy the album? In two weeks you say?
2514  Bitcoin / Hardware / Re: -- Butterfly Labs New 600GH "Mining Card" - RED FLAGS?!?! on: January 18, 2014, 05:37:21 AM
The problem is if you actually do the numbers. The Monarch will make you less BTC than what you paid for it. If you are using USD then just buy BTC and save yourself the hassle. There really is no scenario given their 65nm debacle where you would want anything they have to offer. There are people selling miners right now off the shelf. Why would you even entertain the notion of buying from BFL? They can't even justify buying from them at the reduced prices and couple that with no guarantees they will ship 'on time' from their moving and amorphous estimates why would you even bother? If you know the reality there is no reason then to buy from BFL. BFL doesn't offer refunds ever. BFL is always late. BFL has never hit specification they have set. At this point the only people buying their product either don't know the history or are paid by BFL to promote BFL hardware. The only other alternative is they are misinformed or deluded into believing BFL will deliver as promised.
2515  Bitcoin / Hardware / Re: [ANN] UnicornHasher Baby Unicorn Asic In STOCK 1HP Live Unicorn Hashers Coming! on: January 18, 2014, 02:38:31 AM
What is your timeline on fabrication of the Live Unicorn?
Are you using child labour to produce these units? As I see a lot of work that seems outside the lines and shotty like a child did it.
2516  Other / CPU/GPU Bitcoin mining hardware / Re: Product Development on: January 18, 2014, 02:31:32 AM
We are developing a modular miner with the Minion.

Minion chips will drop end of February. We will have a prototype as soon as sample chips are out. It is open hardware and we provide support and licensing for these units. If you are interested drop me an email to discuss where we are and where we will be in February for the Minion Wasp.

darin.bicknell@gmail.com
2517  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 18, 2014, 02:19:11 AM
You might be mixing TehFiend up with me.  I worked for Intel doing direct development down to 14 nm, and some very speculative process research that is still at least 3 generations out.  I retired this spring in no small part due to some excellent investment decisions made because I knew Josh was lying and BFL was incompetent back in 2012.   Grin

Heehehe.

There are quite a few knowledgeable people who here in these forums that have mentioned all along about those 2 things. Thanks for trying to help people see that. HF seems to be tapping the same vein unfortunately.
2518  Bitcoin / Hardware / Re: Who here already pre-ordered the Monarch 28 nm Bitcoin mining card ??? on: January 17, 2014, 02:52:12 PM
Nothing to see here... March now?

Free water cooling? It is MANDATORY for something like this otherwise it probably won't run.

Feel sorry for anyone that bought this crap.
2519  Bitcoin / Hardware / Re: DIY Custom Open Hardware & Software Guild (Call for Ideas) on: January 17, 2014, 02:48:38 PM
... an idea which needs to be pushed forward.

2520  Bitcoin / Project Development / Re: Buying VS Bra with Bitcoin Donations NSFW [edited] on: January 17, 2014, 02:33:52 PM
As long as you don't model for BFL, HashFast or Avalon then keep on doing what you are doing. Bitcoin pinup girls... meh why not have beautiful people posing and promoting bitcoins or altcoins?
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